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Renault Offers More Pay to End Turkish Labor Protests
Renault SA has offered striking workers in Turkey cash payments and salary hikes if they return to work, according to Reuters.
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Renault SA has offered striking workers in Turkey cash payments and salary hikes if they return to work, according to Reuters.
Operations at the company's Oyak Renault venture halted a week ago over labor protests about wages and working conditions. Similar disputes disrupted production last week at Ford Motor Co.'s Ford Otosan venture with Koc Holding AS and Fiat Chrysler Automobile NV's Tofas partnership with Koc Holding.
Reuters says Renault has offered to waive disciplinary action against striking workers, pay each a bonus of 1,000 Turkish lira (€350) and make an unspecified wage adjustment in mid-June.
Reuters reported last week the protests were triggered when the Turk Metal union reached agreement on a 60% wage hike at an auto supplier but was rebuffed in attempting to reach similar accords with other companies.
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